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NDTV Profit on MSN
Rs 11,000 Monthly SIP: Year-By-Year Corpus Growth To Rs 1 Crore
A consistent monthly SIP of Rs 11,000 over a long-term horizon can potentially grow into a corpus of Rs 1 crore due to the power of compounding.
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Choose the Right TenureLonger tenures allow more compounding cycles, which leads to exponential growth. However, ensure the tenure matches your liquidity needs so you don't break the FD early.
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